Tags: Medicare

Federal prosecutors are now investigating Theranos, a blood-testing company. The company allegedly misled its investors over the efficacy of its products and the company's ability to handle investments.

The Justice Department is examining firms for health care fraud involving specialty creams. An ad for these types of creams, catered mainly to the elderly and athletes, was done by former NFL player Brett Favre.

Georgia will get $6.5 million as part of over $250 million of nationwide settlement with Millennium Health over allegation that the drug testing company billed federal health care programs for unnecessary urine drug testing.